Apple's video offerings could soon rival the biggest streaming service in the game, according to analysts at Morgan Stanley.. Katy Huberty, who has reputation thinks video services will be driver of growth for Apple over the next few years. The company's potential is so huge that Huberty predicts it will Netflix by 2025... In note to investors, Huberty and her colleagues raised the target price for Apple shares from $232 to $245. Original video content is one of the major reasons why Morgan Stanley believes Apple's stock price will continue to climb. By offering stand-alone streaming service that's cheaper than Netflix, Apple could bring in billions of dollars revenue per year... We forecast that Apple Video streaming service with quality and limited breadth could be priced at the low end vs competitors, or $7.99 month, and reach over 50M paid subscribers by 2025, compared to 124M at Netflix and Apple's >650M iPhone installed base, .. This would imply that stand-alone Apple Video can grow from ~$500M CY19 to $4.4B in just six years... The company's growing roster of shows boasts some of the biggest names Hollywood.. That would make it the size of Netflix and Spotify combined..
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